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Hopkinton Market Shows Improvement

Hopkinton YTD Sales 2008 vs 2009

Single family 1/1 - 09/30 MLS statistics	2008 Thru Q3	2009 Thru Q3	Trend
Homes Sold	103	116	+13%
Median Sale $	$557,500	$505,000	- 9%
Avg. Sale $	$567,500	$512,600	-10%
% Sold price	From	List price
final list $ to Sold	97%	97%	Flat
Avg. days on mkt for Solds	136	123	-10%

Local Market Stabilizing !

Looking at the sales chart we can see good news. Homes are selling (up 13%) & faster (avg. 123 days).

While the avg. & median price is down I believe and recent news articles predict the Boston market may have bottomed out. Supply and demand is coming back in balance

Home Sales are up

Homes are selling quicker

Listings are down

Prices are stabilizing

All Very Good Signs!

Questions?- johnsavi2002@yahoo.com or www.Metrowestareahomes.com

John Savignano RE/MAX Executive

MetrowestareaHomes.com

johnsavi2002@yahoo.com

Posted by John Savignano Realtor Hopkinton and Metrowest MA Real Estate on 11/09/2009 06:42 AM

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John Savignano Realtor Hopkinton and Metrowest MA Real Estate

Hopkinton, MA

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RE/MAX Executive

Address: Remax Executive Realty, 77 Main St, Hopkinton, MA, 01748

Office Phone: (508) 435-8786

Cell Phone: (508) 277-1784

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